Development offices and non-profit organizations of all sizes and shapes are taking a closer look at real estate gifts and the transforming impact these gifts can have on their organization. The largely untapped potential of charitable real estate gifts is becoming...

A gift of a remainder interest in a personal residence or farm is described generally as a transaction in which an individual irrevocably transfers title to a personal residence or farm to a charitable organization with a retained right to the use of the property...

Learn, Share, Gain Insight, Connect, Advance

Share by commenting on and rating content, answering questions in the forums, and writing

Gain insight into other disciplines in the field

Connect – Interact – Grow

Opt-in to Include your profile in our searchable national directory. By default, your identity is protected

…Market yourself to a growing industry

Define: Life Estate Agreement

A gift of a remainder interest in a personal residence or farm is described generally as a transaction in which an individual irrevocably transfers title to a personal residence or farm to a charitable organization with a retained right to the use of the property for a term that is specified in the gift agreement. At the conclusion of the measuring term, all rights in the property are transferred to the charitable remainderman.